


Will post 4H analysis as well, shows a tighter traingle.
$MSFT looks great and I'm looking for this C&H pattern to play out. Extremely low bear volume on this handle pullback too.
After testing a lower trendline and .618 level I'm looking for WMT to push upward toward pivot. TP1: 151 TP2: 156+ Loss of GP is the stop-loss as indicated on the chart.
I really like this trade right now, the Risk-Reward is there. There is a clear potential for an Inverse H&S pattern if bulls can reverse the trend here and break the neckline. I am entering 19MAR21 21C as a starter position and will buy earlier expirations on confirmation.
I entered DKNG options too early @ $40-45 price range and realized the loss. Looking to take / add long positions here on higher lows if we're able to break the GP and hold. Final TP: $70-72
$PDD has been strong lately. Watching this consolidation triangle for a break in either direction. Upward leads to ATH, Downward leads to the GP.
Here I see a bounce off the March Low - August High Golden Pocket (GP) using the Daily Bullish Engulfing Candlestick as an indicator of a reversal. I will be looking for a pullback to test the Daily 8EMA & enter on the bounce. Stop-loss will be set below the 8EMA.
Looking for GP2 to hold and consolidation to continue bullish movement.
Looking for increasing bullish volume and follow-through on break of the upper trendline of the consolidation channel. Otherwise I'm watching break of $95.50 with bearish volume to fill the gap. Notes: - Gap in the chart - Declining volume on re-test of upper trendline of consolidation channel
$AMD recently broke its triangle and has since tested the GP again. I'm looking for increasing bull volume and hold above GP in order to go long before test of previous ATH.
$AAPL looks ready to re-test ATH. Clear consolidation and looking just like $TSLA two weeks ago before its breakout to new ATH. Volume has tapered off as well. Taking a starter position on 11/30. Adding size on the break of $118 with notable volume.
GP1 uses previous LH / LL on Daily. GP2 uses previous LH / LL on 4H. PLTR pulled back after a volume climax / capitulation and bounced off GP2 support. I would not be surprised if $PLTR is able to hold above GP2 and consolidate due to all of the bullish momentum and attention, however it is currently too far extended from the 8EMA. I'm watching for...